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In the cuarent yeat. Conipany A made the folowing casta purchases 2. An initiel fee of $320000 for a thee year agreemen with Company C

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In the cuarent yeat. Conipany A made the folowing casta purchases 2. An initiel fee of $320000 for a thee year agreemen with Company C to use iss name for a new facility in the localarea cperates under the Company C mame. With paymerts beginning in March of the currentyear Corpany A avo puichated S415 000 of equipenent to be placed n the cew facuty 3. The exclurite right to sei a book, for $34,000 Required: Prepare a sumuracy jound entry to record e ependeures related to inat ocquanoos Journal entry worksheet

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